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Technology House
9 Newton Place, Glasgow
G3 7PR
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Cross, Isle of Lewis, Western Isles, HS2 0SN

£300,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

5 ensuite letting rooms
Excellent reviews and reputation
Freehold
Large plots suitable for expansion
Outdoor beer garden
Popular bar
Prominent position on Hebridean Way
Restaurant – 45 covers
Spacious owners accommodation
Suitable conversion to residential use

Description

The Cross Inn offers an exciting opportunity to own and run an already established business on one of Scotland’s most popular Islands.

Subject to planning this property is suitable for conversion to residential use or self catering apartments.

A rare opportunity has arisen to purchase a truly unique and inviting 5 ensuite room Inn in Cross on the Isle of Lewis in the Outer Hebrides that benefits greatly from its position on the Hebridean Way walking and cycling route. The Inn has been tastefully upgraded and refurbished by the current owners and is offered in true walk-in fashion. This is an easily run business that has a very popular bar and restaurant which also benefits from some excellent reviews. There is a great opportunity to expand the business and increase revenues. Viewing is highly recommended to appreciate what the sale of the Cross Inn and what a lifestyle business could offer new owners in a truly stunning part of the world.


Offers in the Region of £350,000 are sought for this heritable property, fixtures, fittings, and goodwill.


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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,578 /mo.25 Years, 5% Interest
Loan
£270,000
Total Repay
£473,518

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£3,500
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 1.17%

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